Fee disclosures

The custodial bank says it has reimbursed the affected clients with interest.

Expenses have outpaced or matched revenue growth during the past four to five years, while aggregate fees declined almost 20%, a study found.

Of the 468 hedge funds that used Goldman Sachs’ prime brokerage services in the past decade, half have shuttered.

Though the fees are controversial, there may not be an easy way for the industry to abandon them.

The firm says it will focus the new funds on tech, demographics, urbanization, climate change and emerging global wealth.

Under new leadership, the firm’s iShares unit intends to create funds that it says go beyond traditional sectors and geographic focuses.

Advisors will find the lowest, near-zero fund. Do they read the fine print?

Fee pressure and improvements in data and analytics are among the leading issues the industry faces today, executives say.

The firm expects shareholders will save an estimated $3.2 million, annually.

Executives say the race to zero in fund fees and improvements in data and analytics are among the top issues impacting asset management.

With the reductions, nearly all of the firm’s index funds will have total net expenses lower than comparable Vanguard products.

Finding the right mix of tools can be daunting, says the firm’s director of financial planning.

With double-digit annualized returns produced by nearly all of these funds, the ranking illustrates the broader trend toward passive investing.

The hedge fund he founded, Appaloosa Management, has returned 25% a year since inception in 1993.

Although the firm sees risk parity as a way to compliment holdings of its biggest customers, critics see a volatile fund that has underperformed.

One of its products added a record $368 million after the firm discreetly slashed its fee in March.

The expanded line up of index funds demonstrates one way the brokerage industry is grappling with an ongoing race to offer products at the lowest price.

The fund aims to undercut its cheapest competitor by 1 basis point.

The firm unveiled a discount in a footnote on page 94 of a revised regulatory filing.

After 30 years and a monster merger with Financial Engines, the firm is doubling down on its AUM fee structure.